New online collaborative savings tool by VestMatch offers transparent savings among multiple family members for saving for college.
Online PR News – 10-April-2009 – – OAKLAND, CA – VestMatch (www.vestmatch.com) offers a new online service for parents who are looking for alternative ways to plan for a college savings program. The company’s online tools allow family members to contribute to a College Savings Program with complete transparency about account activity.
“Savings and transparency are two words that are resonating with a lot of the people we talk to right now, especially parents” says Matt Sadler, CEO of VestMatch. “We created an online environment that gives family members complete transparency about their contributions, and makes saving for college easier by having multiple contributors.” VestMatch's blog recently stated that you can "Improve Your Rate of Return Today" through collaboration.
VestMatch allows user to create a profile for free. Contributions can be as little as $25, and plan users can invite an unlimited amount of participants.
“Many parents are feeling frustrated by the recent losses in the stock market and the impact on their 529 Plans” says Sadler. “Collaborative savings is an effective way for parents, grandparents, and other family members contribute to offset some of these losses.”
VestMatch creates the online tools to coordinate multiple contributors and keep them informed, while the account owners manage the college savings account through their choice of any bank or brokerage firm.
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About VestMatch: VestMatch (www.vestmatch.com) is an Oakland based start up company providing online tools for collaborative savings. VestMatch offers solutions for college savings and 529 Plans, non-profit fundraising, and more.